PT Verona Indah Pictures Tbk

PT Verona Indah Pictures Tbk

IIDX:VERN
190.00
IDR
-3.00
(-1.55%)
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Pie Titin Suryani
Full Time Employees
31
Sector
Consumer services
Industry
Movies/Entertainment
Address
Graha Arteri Mas West Jakarta JK Indonesia 11520
IPO Date
Oct 8, 2024
Business
PT Verona Indah Pictures Tbk engages in the production, post-production and distribution of films, videos and television programs in Indonesia. The company operates primarily through its Soap Opera and FTV Series segments, producing more than 4,500 episodes and over 6,000 hours of broadcast content for private sector broadcasters including ANTV, MNC TV, SCTV and Global TV; it supplies a range of entertainment formats such as soap operas, FTV series, digital series and theatrical films. Verona Indah Pictures targets the Indonesian media and entertainment market, serving television networks and digital platforms with localized content focused on dramas and feature films. Founded on October 10, 2010 and headquartered at Graha Arteri Mas, Jalan Panjang No.68 Kav.38-39, West Jakarta, Indonesia, the company employs approximately 30 people under President Director Pie Titin Suryani. In October 2024, Verona Indah Pictures listed on the Indonesia Stock Exchange (IDX) under ticker VERN.JK through an initial public offering of 1.12 billion shares at IDR 195 each, raising IDR 218.72 billion to fund movie production expansion including 5-6 new film titles, working capital, marketing and the acquisition of its headquarters property; the IPO included Series I Warrants potentially generating additional IDR 121.13 billion for operations. The company aims to double revenue from approximately IDR 350 billion in 2024 through cinema and OTT series growth while maintaining series as its core business.